A delegation from the Multimedia Group Limited on Saturday joined the Chief Executive Officer of the Ghana Gold Board, Sammy Gyamfi, and his family in Kumasi to pay their last respects to his late father-in-law, Andrews Kwame Amankwah. …
First Lady, Lordina Mahama, joined hundreds of mourners in Kumasi on Saturday to observe the final burial and funeral rites of Andrews Kwame Amankwah, the late father-in-law of the Chief Executive Officer of the Ghana Gold Board, Sammy Gyamfi. …
… Speaking at the signing ceremony, GoldBod Chief Executive Officer Sammy Gyamfi reaffirmed President John Dramani Mahama’s commitment to ensuring that by 2030, all mineral resources mined in Ghana will be refined locally before export. …
… Sammy Gyamfi, GoldBod CEO In recent years, the BoG increasingly found itself supporting interventions linked to reserve accumulation, foreign exchange stabilisation and domestic gold purchases. …
Ofoase Ayirebi MP, Kojo Oppong Nkrumah, has criticised comments by Sammy Gyamfi regarding the financial losses recorded by the Bank of Ghana (BoG), accusing him of attempting to downplay the scale of the central bank’s financial difficulties. …
… According to the NDC, the allegation being circulated by the NPP targets the party’s National Communications Officer and CEO of GoldBod, Sammy Gyamfi, whom the opposition claims is behind improper procurement arrangements at GoldBod. …
… Chief Executive Officer of the Ghana Gold Board, Sammy Gyamfi, and other industry stakeholders also participated in what officials described as a constructive and forward-looking engagement. …
… The engagement was attended by leadership of large-scale mining companies, Sammy Gyamfi, Chief Executive Officer of the Ghana Gold Board, and officials from the Minerals Commission. …
The Ghana Gold Board, Ghana Armed Forces, and Forestry Commission have signed an agreement to reclaim and restore degraded lands in the Tano-Nimri Forest Reserve, establishing a national reclamation model that combines engineering capacity, enforcement standards, and ecological restoration to address devastation from illegal mining activities.
Why it matters
Ghana Gold Board, Armed Forces, and Forestry Commission sign agreement to restore Tano-Nimri Forest Reserve, addressing illegal mining damage with a national reclamation model.
The Ghana Gold Board, Ghana Armed Forces, and Forestry Commission have signed an agreement to reclaim and restore degraded lands in the Tano-Nimri Forest Reserve, establishing a national reclamation model that combines engineering capacity, enforcement standards, and ecological restoration to address devastation from illegal mining activities.
GoldBod, the Ghana Armed Forces, and the Forestry Commission have partnered to reclaim approximately 50 hectares of the Tano Nimiri Forest Reserve in the Ahafo Region damaged by illegal mining, with a reported GH¢36 million investment to focus on land rehabilitation and replanting of indigenous tree species.
The Ghana Gold Board has partnered with the Ghana Armed Forces and Forestry Commission to launch a national land reclamation project aimed at restoring degraded lands, with the first phase focusing on reclaiming 50 hectares within the Tano Nimiri Forest Reserve that has been affected by illegal mining and other harmful activities.
NPP national chairman aspirant Bernard Antwi-Boasiako (Chairman Wontumi) argued that ongoing or past court cases should not bar individuals from contesting political office, stating that legal challenges are normal in public life and that he presents himself to court when required.
The Paramount Chief of Buipe honoured GoldBod CEO Sammy Gyamfi with traditional insignia in recognition of his leadership and contribution to Ghana's economic transformation. The engagement included discussions on agriculture, industrialisation, and investment prospects in the Savannah Region.
United Bank for Africa has engaged the Ghana Gold Board to explore strategic partnership opportunities and business support solutions for gold aggregators and players in the gold value chain, leveraging UBA's digital banking capabilities, treasury services, and trade facilitation solutions to support the formalisation and growth of Ghana's gold trading sector.
Leading members of the NDC and NPP, including Vice President Jane Naana Opoku-Agyemang and NPP running mate Dr. Matthew Opoku Prempeh, attended the final funeral rites of Ghana Gold Board CEO Sammy Gyamfi's father-in-law in Kumasi.
The Chronicle editorial expresses concern that state anti-galamsey pronouncements are not translating into meaningful action, as illegal mining continues openly in the Eastern Region, devastating cocoa farms and the Birim River despite official commitments to combat the practice.
Dr Sammy Ayeh, a presidential staffer, has criticised the NPP for focusing on a controversy surrounding Gold board CEO Sammy Gyamfi's father's funeral instead of addressing national issues like economic recovery, job creation, healthcare and education. He argued that the funeral was a private family matter and that the opposition should concentrate on government policies rather than discussing private ceremonies.
Ghana Gold Board CEO Sammy Gyamfi announced procurement of 10 high-tech speedboats for the National Anti-Illegal Mining Operational Secretariat to protect river bodies from illegal mining operations, which he described as a grave environmental threat. The initiative builds on earlier support including five pick-up vehicles and GH¢5 million provided to the task force last year.
A delegation from Multimedia Group Limited joined Sammy Gyamfi, CEO of the Ghana Gold Board, and his family in Kumasi for the burial and final funeral rites of his late father-in-law, Andrews Kwame Amankwah, offering condolences and presenting a cash donation.
First Lady Lordina Mahama joined mourners in Kumasi at the funeral of Andrews Kwame Amankwah, father-in-law of Ghana Gold Board CEO Sammy Gyamfi. Amankwah died following a robbery attack at Ohwim Tigo Junction in the Ashanti Region; the incident led to arrests now before the courts.
The Ghana Gold Board has agreed with Royal Ghana Gold Limited to supply up to one metric tonne of gold weekly for local refining, the board's second such partnership in 2026, as part of Ghana's effort to refine all domestically mined minerals before export by 2030.
The Bank of Ghana reported a GH¢15.6 billion loss for 2025 alongside deepening negative equity, with observers questioning whether the central bank's stabilization efforts during Ghana's economic turbulence have left it financially weakened despite contributing to easing inflation, exchange rate stability, and improved investor confidence.
The opposition NPP and governing NDC are locked in dispute over the 2025 Bank of Ghana audited financial statements, with disagreement over whether losses should be counted as GH¢15.6 billion (the operating loss, as the government maintains) or GH¢34.9 billion (combining the operating loss with GH¢19.32 billion in Other Comprehensive Income, as the Minority argues).
Ofoase Ayirebi MP Kojo Oppong Nkrumah has criticised Sammy Gyamfi's comments on Bank of Ghana financial losses, arguing that the central bank's net equity declined by GH¢34.9 billion, not the GH¢15 billion figure Gyamfi highlighted. Oppong Nkrumah contends that separating the Bank's operating loss from its total comprehensive loss does not alter the overall impact on the country's finances.
The NDC has rejected opposition NPP claims that GoldBod procurement was conducted without due process and sole-sourced by a senior official, calling the allegations false and politically motivated. The NDC's Deputy National Communications Officer said the accusations are propaganda targeting party officials and part of an attempt to discredit government institutions.
The government has held discussions with large-scale mining companies to advance the Ghana National Assay and Responsible Mining Programme (GANRAP), aimed at strengthening foreign exchange reserves and supporting currency stability through improved gold mobilisation, formalising supply channels, and enhancing transparency in the extractive sector.
The government has engaged large-scale mining companies on the Ghana Accelerated National Reserve Accumulation Policy (GANRAP), which aims to strengthen reserves and stabilize the cedi through a reformed gold acquisition framework and stronger compliance mechanisms. Finance Minister Dr. Cassiel Ato Forson described the discussions as constructive and emphasized that the policy is being implemented in partnership with industry.
Ibrahim Mahama's Damang Gold Mine has sold 100% of its first gold output (about 110 kg) to the Ghana Gold Board, which will add it to the Central Bank's reserves. The Ghana Gold Board CEO said Ghanaian control of the mining sector is key to maximizing national benefits and urged other large-scale mining companies to follow suit under the government's GANRAP initiative.
The Ghana Chamber of Mines has challenged Ghana Gold Board CEO Sammy Gyamfi's claim that large-scale mining companies repatriate less than 20% of their mineral export proceeds, describing the figure as "materially misleading." Gyamfi had stated that large-scale miners sold only about 10% of their 2025 output to Ghana and repatriated foreign exchange amounting to no more than 20% of the value, citing mining agreements that allow firms to retain up to 100% of proceeds abroad.
The CEO of the Ghana Gold Board downplayed concerns over the Bank of Ghana's 2025 losses of GH¢15.6 billion, saying they are not significant enough to warrant national alarm, while the opposition NPP described the losses as "a new low" and blamed policy missteps.
E&P will sell 100 per cent of its first gold production to GoldBod, a move CEO Sammy Gyamfi says vindicates the company's successful bid for the Damang Gold Mine against earlier criticism and demonstrates E&P's commitment to national development and local partnerships.
The Damang Gold Mine, owned by Ibrahim Mahama, has sold 100 per cent of its first gold output to GoldBod and the Bank of Ghana to support Ghana's national reserves. GoldBod CEO Sammy Gyamfi described the move as unprecedented and a significant step toward strengthening Ghana's gold reserves and foreign exchange stability.
The Western Central Regional Police Command has denied media reports that suspects linked to the murder of Sammy Gyamfi's father-in-law had escaped custody, stating the three accused remain held at Tarkwa Local Prison and are due to reappear in court on May 7, 2026.
Austrian-German actor Boris Kodjoe has met with Ghana Gold Board CEO Sammy Gyamfi to discuss potential collaborations in promoting value addition within Ghana's gold sector, focusing on processing, branding, and moving beyond raw exports to maximize economic benefits.
The Ghana Gold Board CEO visited Royal Ghana Gold Refinery to assess its readiness for a refining services partnership agreement aimed at advancing local value addition in Ghana's gold sector. The CEO found the facility well-equipped but noted that it would need additional equipment on the recommendation of GoldBod's technical consultant before commencing full-scale refining operations.
The Chief Executive Officer of Ghana Gold Board toured the Royal Ghana Gold Refinery on April 27, 2026, as part of ongoing processes toward signing a refining services agreement to advance local value addition in Ghana's gold sector. The CEO expressed satisfaction with the facility's preparedness but noted that additional equipment would be needed to strengthen operational capacity.
The Ghana Police Service rearrested three of six inmates who escaped from Adabraka District Police custody on Sunday, April 26. The Police refuted reports linking the escapees to the murder case involving Sammy Gyamfi's father-in-law, stating they were never detained in connection with that case.
The Ghana Gold Board CEO toured the Royal Ghana Gold Refinery to advance a refining services agreement aimed at supporting local value addition in Ghana's gold sector. The facility demonstrated most essential refining equipment, though GoldBod's technical consultant recommended additional equipment to fully meet operational requirements.